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An assignment of rights effectively makes the assignee stand in the shoes of. the assignor. He gains all the rights against the obligor that the assignor had, but no more. An obligor who could avoid the assignors attempt to enforce the rights could avoid a similar attempt by the assignee.
An assignor is one who legally transfers rights or benefits to another individual, the assignee. Assignment of rights often takes place upon death in order to manage the deceaseds estate, or through a power of attorney to deal with the legal or financial affairs of an individual.
Assignor remains liable unless assignee assumes obligations. The general rule is that the mere assignment of rights under an executory contract does not cast upon the assignee any of the personal liabilities imposed by the contract upon the assignor. Melchior v New Line Prods., Inc.
In a lease assignment, a legal relationship is created directly between the landlord and the new tenant. Unless the original tenant is released from their liability, they will still be legally responsible if the new tenant defaults.
However, an assignment cannot have any adverse effect on the duties of the other party to the contract, nor can it diminish the chance of the other party receiving complete performance. The assignor normally remains liable unless there is an agreement to the contrary by the other party to the contract.
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The assignee is the party that receives the rights and obligations under the contract, but wasnt an original party to the contract. The assignor was an original party to the contract and is the party that transfers its contractual rights to another party. The other original party to the contract is the obligor.
An assignment of contract occurs when one party to an existing contract (the assignor) hands off the contracts obligations and benefits to another party (the assignee). Ideally, the assignor wants the assignee to step into their shoes and assume all of their contractual obligations and rights.

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